The Timor Currency Carousel
Evidence is getting stronger that Tommy Suharto was behind the company that bought Timor company assets. The transaction could be canceled.
Tempo
December 18, 2007

THE 10-centimeter-thick document sat on the table. It contained various files connected with a purchase agreement for a government accounts receivable claim against PT Timor Putra Nasional, a company owned by Hutomo Mandala Putra. Among the documents was evidence of a transfer of funds from Timor to PT Vista Bella Pratama, the purchaser of that claim worth Rp4.5 trillion.
“This indicates that there was a connection between Vista Bella and Timo
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